MLS#1067595
STATUSActive
PROPERTY TYPECommercial - Multiple
SCHOOLBrooklyn 13
Property Description
Welcome to this exceptional mixed-use investment opportunity in the heart of East Flatbush, Brooklyn! This versatile property offers excellent income-producing potential for investors and business owners alike.The property features an existing 2-bedroom, 1-bathroom unit generating $2,600 in monthly rental income, along with a ground-floor commercial space offering the potential to generate an additional $10,000 per month. This brings the total projected rental income to $12,600 monthly, or $151,200 annually.Additional highlights include approximately 2,000 square feet of potential rentable commercial space, with the possibility of accommodating four separate units-one storefront in the front and three spaces in the rear, subject to applicable approvals. The property also features a backyard and convenient shutter access to the basement.Annual expenses include approximately $12,221 in property taxes, $3,600 in insurance, and $1,800 in water costs. Based on the stated income and expenses, the property offers a projected Net Operating Income (NOI) of approximately $133,579 and an estimated capitalization rate of 13.36% based on a $1,000,000 property valuation, before additional operating expenses.Conveniently located near shopping, transportation, and neighborhood amenities, this East Flatbush mixed-use property offers flexibility, strong projected rental income, and long-term investment potential. Don't miss this opportunity!
Property Features
Property Type: Commercial - Multiple
Basement: Storage Space
Cooling: Wall/Window Unit(s)
Heating: Natural Gas
Lot Size: 0.04 Acres
Taxes: $12,545
Year Built: 1933
Feature Descriptions
Building Area Total: 2000
Business Type: Commercial
Days on Site: 1
Exterior: Other
On Market Date: 2026-10-27
Parcel Number: 04976-0009
Property Attached Y/N: 1
Rental Term: Monthly
Sewer: Public Sewer
Utilities: See Remarks
Water: Public
Local Schools
School District: Brooklyn 13
Listed By / Shown By
Listing By
Agency Name: 5 Boro Realty Corp
Agency Contact: 917-348-0177
Shown By
Agent Name: Marie Kramer
Agent Phone: Cell: (631) 988-2641
Agency Title: Coldwell Banker American Homes
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4222 Avenue D | MLS# 1067595
This commercial property located at 4222 Avenue D, Brooklyn, NY 11203 is currently listed for sale with an asking price of $999,999. Avenue D is located within the Brooklyn 13 school district. Search Brooklyn real estate on mkramer.cbamhomes.com today.